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This report examines how living standards - most commonly measured by households' incomes - were changing in the UK up to approximately the eve of the current COVID-19 crisis, using the latest official household income data covering years up to 2018-19. We particularly focus on how this differed...
Persistent link: https://www.econbiz.de/10012546000
Inheritances have been growing as a share of national income in the UK since the 1970s. This trend looks set to continue as generations at older ages hold more wealth than their immediate predecessors but younger generations have no higher incomes than the generations born just before them. What...
Persistent link: https://www.econbiz.de/10012546015
This report examines how household incomes were changing in the UK up to the eve of the COVID-19 pandemic, and how other measures of household living standards have changed over the course of the pandemic. In particular, we use the latest official data covering years up to 2019-20 to provide a...
Persistent link: https://www.econbiz.de/10013367667
Persistent link: https://www.econbiz.de/10014470150
The public health and economic effects of the COVID-19 crisis are creating a perfect storm for councils' finances, simultaneously increasing spending and reducing incomes. For example, personal protective equipment (PPE) and social distancing requirements have increased unit costs for a range of...
Persistent link: https://www.econbiz.de/10012546003
Persistent link: https://www.econbiz.de/10013367679